General Capital Completes Share Consolidation

General Capital Limited
Level 8, General Capital House,
115 Queen Street, Auckland CBD
PO Box 1314, Shortland Street,
Auckland, New Zealand. 1140.
Phone +64 9 304 0145


General Capital Completes Share Consolidation

Further to the announcement at the General Capital Annual Shareholders Meeting
and the subsequent NZX announcement on 29 July 2024, General Capital (NZX:
GEN) advises that the consolidation of every 4 General Capital shares held at 5:00
p.m. on 2 August 2024 into 1 share has now been completed.

The total issued capital of shares after the consolidation is 90,893,813 shares as set
out in the attached capital change notice.

General Capital’s share registry, Computershare, will be sending out notices to
shareholders on Monday 12 August regarding their new shareholdings.

General Capital’s shares commenced trading on a post consolidation basis today.

ENDS

Authorised by the General Capital Board of Directors

For further information, please contact:

Brent King
Managing Director
Mobile +64 21 632 660
Email: Brent.King@gencap.co.nz

5 August 2024

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Template
Capital Change Notice


Please do not amend or delete individual rows. As this template relates to prescribed content, changes to content
should only be made where it is clearly indicated that this is permitted, otherwise, if an Issuer considers a particular
element does not apply, mark the row as N/A, Any other changes to this prescribed form must first be approved by
NZX as required under NZX Listing Rule 3.26.1.

Section 1: Issuer information
Name of issuer General Capital Limited
NZX ticker code GEN
Class of financial product Ordinary Shares
ISIN (If unknown, check on NZX website) NZMYKE0001S9
Currency NZD
Section 2: Capital change details
Number issued/acquired/redeemed 272,681,162
Nominal value (if any) N/A
Issue/acquisition/redemption price per security $ N/A
Nature of the payment (for example, cash or other
consideration)
N/A
Amount paid up (if not in full) $ N/A
Percentage of total class of Financial Products
issued/acquired/redeemed/ (calculated on the number of
Financial Products of the Class, excluding any Treasury Stock,
in existence)
1

75%
For an issue of Convertible Financial Products or Options, the
principal terms of Conversion (for example the Conversion
price and Conversion date and the ranking of the Financial
Product in relation to other Classes of Financial Product) or the
Option (for example, the exercise price and exercise date)
N/A
Reason for issue/acquisition/redemption and specific authority
for issue/acquisition/redemption/ (the reason for change must
be identified here)
Share consolidation where 4
shares were consolidated into
1 share (Board Resolution)
Total number of Financial Products of the Class after the
issue/acquisition/redemption/Conversion (excluding Treasury
Stock) and the total number of Financial Products of the Class
held as Treasury Stock after the issue/acquisition/redemption.
90,893,813
In the case of an acquisition of shares, whether those shares
are to be held as treasury stock
N/A
Specific authority for the issue, acquisition, or redemption,
including a reference to the rule pursuant to which the issue,
acquisition, or redemption is made
Board Resolution
Terms or details of the issue, acquisition, or redemption (for
example: restrictions, escrow arrangements)
N/A

1
The percentage is to be calculated immediately before the issue, acquisition, redemption or Conversion.

Date of issue/acquisition/redemption
2
05/08/2024
Section 3: Authority for this announcement and contact person
Name of person

authorised to make this announcement Brent King
Contact person for this announcement Brent King
Contact phone number +64 21 632 660
Contact email address Brent.King@gencap.co.nz
Date of release through MAP

05/08/2024




2
Continuous issuers using this form in reliance on Rule 3.13.2, please indicate the period during which the relevant
issue/acquisition/redemptions were made (for example, 1 January 2019 to 31 January 2019).